Vesta

On March 21st, the core team of Vesta, the stable currency agreement on Arbitrum, proposed to add ARB as collateral, with a liquidation ratio of 150%, an initial debt ceiling of 500000 pieces, and a liquidation penalty ratio of 15%. Interpretation of this information: The Vesta team has recently recommended inclusion of ARB as collateral in its stable currency agreement on Arbitrum. ARB is the native token of Arbitrum, a highly-scalable and secure second-layer scaling solution that is being widely adopted by decentralized applications. This proposal by Vesta is a…